Southeast Utah Community Development Corporation

Analysis

Southeast Utah Community Development Corporation is a registered charity in United States, based in Price, UT. It received its IRS tax-exemption ruling in July 2001, 25 years ago. Its declared purposes cover employment, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Southeast Utah Community Development Corporation reported income of $466k and spending of $748k, spending 160% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $455k to $466k (+2.5%), an average of +0.6% a year. The sharpest change came in the year to December 2022, when income rose by 84%. Over the whole period it spent 96% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Southeast Utah Community Development Corporation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within UT. Charities of a similar size with the same main cause include Arts Rochester Inc ($466k), Second District Community Development Corporation ($467k) and Downtown Revitalization and Improvement Volunteer Effort Inc ($466k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $465k against liabilities of $0, net assets of $465k.